Closed: Is it possible to use the EMA indicator for identifying overbought and oversold conditions?

Closed: Is it possible to use the EMA indicator for identifying overbought and oversold conditions?

While the primary purpose of the EMA is to identify trends, some traders use it in combination with other indicators to assess overbought and oversold conditions.

For example, they may use the EMA with the Relative Strength Index (RSI).